Undersubscribed South Korean carbon auction settles at discount

Published 11:30 on June 11, 2018  /  Last updated at 13:52 on June 11, 2018  / Stian Reklev /  Asia Pacific, South Korea

South Korea’s June 1 CO2 permit auction sold 85% of the allowances on offer, settling at a 2% discount to the secondary market, according to a government official on Monday.
South Korea’s June 1 CO2 permit auction sold 85% of the allowances on offer, settling at a 2% discount to the secondary market, according to a government official on Monday.


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